Belk CEO Tim Belk retires; Lisa Harper succeeds

CHARLOTTE, N.C., 2016-Jul-02 — /EPR Retail News/ — The Board of Directors of Belk, Inc. today announced that Tim Belk will retire as chief executive officer of the company in July 2016. He will continue to serve on the Belk Board. Lisa Harper, who previously served as chief executive officer of Hot Topic, Inc., will succeed […]

Sycamore Partners Director Stefan Kaluzny: We are excited to have completed this acquisition and to begin our partnership with Belk

NEW YORK and CHARLOTTE, N.C., 2015-12-14 — /EPR Retail News/ — Sycamore Partners today announced that it has completed its acquisition of Belk, Inc. (“Belk” or the “Company”). Stefan Kaluzny, Managing Director of Sycamore Partners, said, “We are excited to have completed this acquisition and to begin our partnership with Belk. The Company has developed a […]

Funds managed by Sycamore Partners to acquire 100% of Belk, Inc. for approximately $3.0 billion

Belk Stockholders to Receive $68.00 per share in cash Tim Belk to remain CEO Company headquarters to stay in Charlotte, N.C. CHARLOTTE, N.C., 2015-8-24— /EPR Retail News/ — Belk, Inc., the nation’s largest family owned and operated fashion department store company, today announced that it has entered into a definitive merger agreement whereby investment funds […]

Belk, Inc., announces operating results for its fiscal third quarter and nine months ended November 1, 2014

CHARLOTTE, NC, 2014-12-8 — /EPR Retail News/ — Belk, Inc., the nation’s largest family owned and operated fashion department store company, today announced operating results for its fiscal third quarter and nine months ended November 1, 2014. Tim Belk, chairman and chief executive officer of Belk, Inc., said, “Third quarter sales were essentially flat, in […]